Sears Holdings announced on Wednesday that it may sell Sears Canada. The company still has several exceptional Canadian store locations, despite divesting most of its better leases. Finding one buyer for all of its stores will ultimately be difficult, as Sears Canada has a substantial number of arguably undesirable store locations. The company could end up selling off a few of its better stores, as it has done before, and we'll profile several of these locations. Ultimately, Nordstrom, Saks Fifth Avenue and La Maison Simons could move into some of Sears Canada's remaining real estate.

Below, we'll profile several of Sears Canada's better locations and who could occupy them, moving west to east across the nation:

Edmonton: Sears has two fairly high-profile Edmonton locations, the largest being at Southgate Centre. Spanning 234,000 square feet, this former Eaton's location could be reconfigured to include new retail, as well as possibly a new anchor store. Top contenders include Nordstrom and Saks Fifth Avenue, though not if West Edmonton Mall gets its way. West Edmonton Mall's 149,000 square foot Sears location is in the mall's original 'Phase I', which could be redeveloped to increase shopping traffic to that part of the mall.

Calgary:Southcentre's 234,000 square foot Sears could be redeveloped, and La Maison Simons has been in talks with Oxford Properties. Simons typically seeks about 100,000 square feet for its new stores. If Sears sells this store, redevelopment could include multiple tenants as well as Simons.

Winnipeg: Polo Park's 263,000 square foot Sears store could be redeveloped to include multiple tenants, including a new anchor. Saks Fifth Avenue is highly unlikely, though Nordstrom and/or La Maison Simons are possible.